NuLink Price

(NLK)
USD($)
NuLink (NLK) Live Price Chart

NuLink Live Price Data

The live price of NuLink is $0.05704, with a total trading volume of $ 269,207 in the last 24 hours. The price of NuLink changed by -5.15% in the past day, and its USD value has increased by +2.4% over the last week. With a circulating supply of -- NLK, the market cap of NuLink is currently -- USD, marking a --% increase today. NuLink currently ranks #-- in market cap.
How do you feel about NuLink today?
Note: This data is for reference only.
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NuLink(NLK) Profile

altRank--
rate--
Expand
Website
Documentation
Explorer
Contract
Ethereum 0x744030...261
Audited By
--
Code & Community
Investors
Exnetwork Capital
$0.05691
$0.06121
$0.07135
-1.14%
-5.15%
+2.40%
-- 
$4,423 
--
1B

About NLK

How can I buy NuLink (NLK)?

Buying NLK on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy NuLink (NLK) for more information.

What Is NuLink (NLK) Crypto?

NuLink (NLK) is a cryptocurrency and technology platform designed to enhance privacy and security for decentralized applications. The platform integrates advanced cryptographic technologies such as Proxy Re-Encryption, Attribute-Based Encryption, and Fully Homomorphic Encryption, focusing on enterprise-level data sharing and computation services. This allows data to be shared and computed in a secure, privacy-preserving manner, which is crucial for applications handling sensitive information.

NuLink also supports decentralized storage solutions, where users can earn NLK tokens by providing storage services or relaying information across the network. The network uses Zero-Knowledge Proof technology to ensure data privacy and authenticity without revealing the underlying data​.

How Does NuLink Work?

NuLink integrates several layers and cryptographic technologies to provide a secure, privacy-preserving platform for decentralized applications. Here’s a simplified explanation of how it functions:

  1. Application Layer: This layer interfaces with applications, managing authorization and interactions with other layers for data encryption and decryption requests.
  2. Cryptography Layer: Here, data is encrypted and decrypted using advanced cryptographic methods like Proxy Re-Encryption (PRE), Identity-Based Encryption (IBE), and Attribute-Based Encryption (ABE). This layer handles all cryptographic operations necessary for secure data handling.
  3. Storage Layer: Encrypted data is stored here. NuLink uses decentralized storage solutions, enhancing security and ensuring that data is not centrally controlled.
  4. Blockchain Layer: This layer manages transactions and interactions within the NuLink network, including staking, governance, and execution of smart contracts.
  5. Watcher Network: It relays information and transactions across blockchain systems, aiding in data and transaction verification.

The entire system is designed to ensure that only authorized users can access specific data, and even then, they can only decrypt it with appropriate permissions. This is achieved through Zero-Knowledge Proofs (ZKP), which verify transactions and interactions without revealing the data itself, and Fully Homomorphic Encryption (FHE) for computing on encrypted data​.

History of NuLink and NLK Coin

NuLink (NLK) was initiated in the first quarter of 2021 to provide a privacy-preserving solution for decentralized applications. The platform combines blockchain technology with advanced cryptographic techniques such as Proxy Re-Encryption, Identity-Based Encryption, and Fully Homomorphic Encryption to secure and privatize data sharing and computations.

The project quickly progressed, launching its first major testnet, Horus1.0, on the BNB Smart Chain by the end of 2022. Significant developments included the release of the NuLink Core Library, the NuLink API Library, and various staking and data-sharing functionalities.

By the second quarter of 2024, NuLink plans to launch its mainnet, integrating all testnet modules and activating on-chain governance. Further advancements are expected by the end of 2025, including integrating Zero-Knowledge Proof and Fully Homomorphic Encryption systems into the mainnet​.

The project was co-founded by David Jiao, Daniel Nilsson, and Noel Braganza. Each founder brought different expertise to the table, significantly contributing to developing and expanding NuLink's capabilities and reach in the decentralized application space​.

How to Use NLK Token

The NuLink (NLK) token serves several important functions within the NuLink network:

  1. Collateral: Providers such as Proxies, Watchers, Computing Providers, and Storage Providers must stake NLK tokens as collateral to offer their services and receive rewards. This staking acts like a security deposit, which they can lose if they fail to comply with network protocols or deliver poor service.
  2. Transaction Fees: Users pay NLK tokens as fees when they use services within the network, like secure data storage, data sharing, or data computing.
  3. Governance: NLK token holders can participate in the network's governance through voting on various proposals, helping shape the development and operational decisions of the NuLink ecosystem.
  4. Incentives: NLK tokens are used to reward network participants for their contributions, encouraging them to maintain and provide high-quality services.
NuLink (NLK) Price Movements ($)
PeriodChangeChange (%)
Today$-0.00321-5.32%
7 Days$0.001332.40%
30 Days$-0.0079-12.16%
3 Months$0.0070714.16%
24H Investment Barometer
24H
Strong Buy
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
Strong SellSellNeutralBuyStrong Buy
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NuLink Conversion Rate
  • 1 NLK to USD$0.05704575
  • 1 NLK to EUR€0.05335021
  • 1 NLK to AUD$0.08590406
  • 1 NLK to KRW₩79.25
  • 1 NLK to JPY¥9.11
  • 1 NLK to GBP£0.04512188
  • 1 NLK to INR₨4.76
  • 1 NLK to IDRRp939.89
  • 1 NLK to CAD$0.07811389
  • 1 NLK to RUB₽5.08

FAQ

How much is 1 NuLink (NLK) worth?
KuCoin provides real-time USD price updates for NuLink (NLK). NuLink price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time NLK to USD exchange rates.
Is NuLink (NLK) a Good Investment?

Investing in NuLink (NLK) offers several advantages, largely stemming from its robust technology and potential for growth within the decentralized applications (DApps) space:

  1. Advanced Security and Privacy Features: NuLink integrates cutting-edge cryptographic technologies such as Zero-Knowledge Proofs (ZKP) and Fully Homomorphic Encryption (FHE), designed to enhance data privacy and security for dApps. This positions NuLink as a leader in privacy-preserving solutions in the Web3 space​.
  2. Strong Foundation and Governance: The project is set up with a decentralized autonomous organization (DAO) model, which allows NLK token holders to participate in governance decisions, potentially increasing transparency and stakeholder involvement in the project's direction.
  3. High Potential for Appreciation: The strategic development roadmap of NuLink indicates ongoing enhancements and expansions, such as upgrades to its core library and additional support for identity and attribute-based features. Such continuous development can attract more users and developers, potentially driving the token's value​.
  4. Incentivization and Participation Rewards: NuLink has allocated a substantial portion of its tokens to reward users and developers who participate in the network and contribute to its security through mechanisms like staking. This incentivization can encourage active participation and investment in the network, supporting network security and token economics​.
  5. Scalability and Interoperability: NuLink is actively working on solutions to enhance the scalability and interoperability of its platform. These features are crucial for the adoption of blockchain technology in broader applications. They may significantly contribute to the platform's success and, by extension, to the potential growth in the value of NLK tokens​.
What Is NuLink Price Prediction?

Several factors can influence the price of NuLink (NLK) tokens, affecting the NLK price prediction:

  1. Market Demand for NLK Tokens: The overall demand for NLK in the cryptocurrency market significantly impacts the $NLK price. Increased adoption and usage of the NuLink platform for decentralized applications can drive up demand​.
  2. Future Developments in the NuLink Roadmap: Advances in NuLink's technology, such as updates to its core library and the integration of new cryptographic features, can affect investor confidence and impact the NLK token price. For example, adding Identity-Based Encryption (IBE) and Attribute-Based Encryption (ABE) are significant enhancements that could attract more users and developers, supporting the NLK to USD price​.
  3. Crypto Market Trends: General trends in the cryptocurrency market also play a crucial role. For instance, the cyclical nature of the broader market, influenced by factors like Bitcoin's halving cycle, can affect the NuLink price.
  4. Partnerships and Collaborations: Strategic partnerships and collaborations, such as NuLink's association with NuCypher and grants from entities like the Polkadot Web3 Foundation, can enhance the platform’s credibility and potentially boost the NLK crypto price​.
What is the all-time high price of NuLink (NLK)?
The all-time high price of NuLink (NLK) is $0.07135. The current price of NLK is down 0.20% from its all-time high.
What is the all-time low price of NuLink (NLK)?
The all-time low price of NuLink (NLK) is $0.05010. The current price of NLK is up 0.14% from its all-time low.
What is the market cap of NuLink (NLK)?
The current market cap of NLK is $62.42M. It is calculated by multiplying the current supply of NLK by its real-time market price of $62.42M.
How do I store NuLink (NLK)?
You can securely store your NuLink in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your NLK include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
Fear & Greed Index
Note: Data is for reference only.
Fear31
NLK
Estimated
-- USD
NLK/USDT1
$0.05704-5.15%